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Archive for the ‘coin investments’ Category

Over the years, as an avid collector of all things related to numismatics, I have talked to many colleagues who accurately regard themselves as true, “bona fide collectors”.  That is to say, they have absolutely no interest in discussing their collection as an investment instrument under any circumstance.  Well almost any circumstance.  They will rock back on their rears when they start talking about how much their AU-50 1909 S VDB cost them back in 1957.  Yes, they will remind you that they have made some good purchases over the years.  However, they most likely will say they have no desire or interest in “investment grade or investment quality coins” right after telling you about that very nice Lincoln cent.  They are investors aren’t they?  They say they are collectors and collect for the pure enjoyment of participating in the hobby.  They often remind you that it’s the hunt that drives them year after year, looking for that one special coin(s), book or piece of paper money to add to their collection…and they are dead serious and proud of that pursuit.  However, aren’t these collectors also investors by the simplest of definitions?  They have invested in America’s future by investing (collecting) in her past!

 

I know a number of collectors that fall under the definition of “bona fide collector” and they are some of the most knowledgeable and enjoyable people you will ever find when it comes to discussing collecting or any other topic as far as that goes.  I guess the simple point they make is that making money is not the most important aspect of their collecting activities.  Money has not been the driving force that has kept their interest in collecting alive over the many decades of what they consider a very nice leisure activity.  In addition to being quite knowledgeable about the history of the coin series they find most interesting, in general, they are always willing to share their collection with you, seek your opinion, giving new and young collectors sound advice and in the end, everyone gains an abundance of new knowledge and new friends.

 

If you talk to these people long enough you will generally find that they have no plans of ever selling their collection.  Talk to them a little longer and you will find out why they will never sale.  Very often, they are going to pass their collection on to future family generations.  I know one gentleman that has assembled five complete sets of Indian Head Cents in EF to MS 65.  They will go to his five grandchildren.  I have seen three of these sets and they are truly amazing.  Beautifully matched in color and quality and just about as problem free as you can imagine.  These sets have been assembled over a forty year period.  A truly remarkable task has been accomplished by this gentleman, reflecting on his own personal character as well as his dedication to pass not only his interests on to his children and future generations, but also the history of our country.

 

A second gentleman I met many years ago has put together three complete sets of Indian Head Cents for his grandkids.  To add to the hunt, he is attempting to upgraded each coin in every set to “four full diamonds”.  What a goal.  His sets are in the grade range of EF to AU 58.  Another wonderful accomplishment and he knows hel’ll never get full diamonds on all the coins, but he keeps looking.. 

 

I know individuals who have inherited multiple Lincoln Cent and Buffalo Nickel collections from a previous generation.  These people are not collectors but continue to hold the collections in hopes of future generations taking interest in a hobby enjoyed by a past generation.  These are remarkable coins that are properly stored and cared for and just waiting for their next custodian. 

 

I could go on but I think the point has been made.  These collectors have had a goal to leave something special to their families that gave them great enjoyment and satisfaction over many years.  They didn’t call themselves investors, but if fact they were.  All of these sets have greatly appreciated over the years.  It doesn’t matter who reaps the benefits of the financial gains, these gentleman have had a great experience collecting and assembling something they love and because they stuck with quality purchases, and made the key and semi-date purchases, they indeed have made a handsome investment over time. 

 

Any collection that has been assembled by a “bona fide collector”, as they might call themselves, stressing strike, luster and eye appeal, have done very well over the decades.  You don’t have to spend a million dollars, or make a million dollars on the sale of a collection to be both an astute collector as well as an investor. 

 

Collecting and investing in coins is synergistic!

 

COLLECT OR INVEST IN AMERICA’S FUTURE BY COLLECTING AND/OR INVESTING IN HER PAST!  IT IS TRULY AN AMAZING STORY FOR ALL GENERATIONS.

 

 

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On Sunday, September 14th, 2008 in Beverly Hills, CA, Ira and Larry Goldberg will be auctioning The Ray Rouse Collection of United States Half Cents.  There are a number of great opportunities for acquiring some highly desirable Half Cents to add to your exiting investment portfolio

The first one to get my attention was lot 31, a 1796 C-1 (R6) in Fine 15+.  This is the No Pole variety pushing a grade of VF 20.  This coin was plated in the Gilbert half cent book and in Wayte Raymond’s standard catalogue to illustrate the No Pole variety.  This coin comes with a long distinguished provenance.  Wonderful example.

A second desirable Half Cent, lot 32, is another 1796 issue, this time the C-2, an R4 in VF 30.  This issue is the With Pole variety.   It also comes with an impressive provenance.

Still another treasure is found in lot 39, an 1802/0, C-1 R6 Over  date, 2 over 0, reverse of the 1800.  Graded at VG 10. 

This is going to be a very strong and exciting auction.  Visit Goldberg’s website for their listing of other rarities

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The term “Stand Alone Coin”, in the numismatic context, refers to a coin that is generally free from market swings resulting from economic, political or promotional occurrences. To be sure, this is the environment in which we live these days! This makes “Stand Alone Coins” an ideal investment vehicle, however, the projected rate of return is difficult to ascertain and actually, the best information on the potential return is gathered by looking at historical data to get a glimmer of future performance. However, as a warning up front, past performance does not necessarily guarantee future performance, and this statement should be taken very seriously by all interested in investing in rare coins.

There is a certain segment in the rare coin market that is often overlooked by most collectors, and to a lesser extent investors, that has often provided those who pursue it tremendous rates-of-return on their investment. We are talking about a segment consisting of coins that are critically important to the field of numismatics. These coins are pivotal within the denominational series they represent. We are talking about “Key Date” coins, a term every collector and investor alike is familiar with in numismatics. These “Key Date” coins are in fact, for the most part, “Stand Alone Coins” as well.

Why are these coins so critical to the numismatic market? It is a simple matter of supply and demand. Stand Alone Coins have never existed in great quantities and the demand for them has always been intense since the earliest days of numismatics. Furthermore, astute collectors and investors are more than willing to pay record prices for these rare coins because they establish the price by which all other similar coins are valued.

If purchased at competitive market price, “Stand Alone Coins” will meet the following criteria and have the corresponding advantages:

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